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Saturday, September 12, 2015 11:07:07 AM
40,000 units X $100=$4,000,000 x 0.25(25% PROFIT) = $1,000,000
$1,000,000 / 2,330,000,000 = $0.00043(EPS) x 20(P/E) = $0.0086
$0.00043(EPS) x 40(P/E) = $0.0172 per share
Before you posted this, I came up with approximately the same number range. My wishful thinking is that they sell 50,000 units by the end of the year. But being pragmatic, it's probably going to be closer to 10,000 units.
I'm not expecting too much from this year's sales because there won't be enough time to get the word out to the vast majority of consumers. Next year may be a completely different story however, and they may be able to sell 100's of thousands if they get their marketing strategy up and running.
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